LoanSafe Member

Our underwriters are looking at remaining entitlement amount in order to calculate max loan amount on a VA irrl. Based on everything I know about IRRL’s and IRRL’s I’ve done in the past at other companies, entitlement amount should not play a role in max loan amount unless you are doing a VA purchase or cash out. This customer is disabled and exempt from funding fee as well if that makes any difference. Veteran should be able to reuse entitlement used on existing VA loan vs cash out where you must have sufficient entitlement left. Am I completely wrong about this? Just curious what other companies are doing and if I am completely mistaken or if my underwriter have this wrong.
Thank you!